Are Older Generations Really Not Selling Their Homes?

Are Older Generations Really Not Selling Their Homes? Many studies suggest one of the main reasons for the inventory shortage in today’s market of homes for sale is that older generations have chosen to “age in place” over moving. The 2019 Home Buyers & Sellers Generational Trend Report by NAR clarifies this point! NAR’s findings … Continued

Understanding Pocket Listings In Bloomfield HIlls

You may have heard (but more likely haven’t) the term “pocket listing.” Either way, a pocket listing, though not all that common, is one more tool you and your agent have in your toolbox for selling or buying a house. While pocket listings in Bloomfield HIlls are more common for higher-end homes, they can work … Continued

Top Days to List Your Home for Sale

Top Days to List Your Home for Sale [INFOGRAPHIC] Some Highlights: ATTOM Data Solutions conducted an analysis of more than 29 million single family home and condo sales over the past eight years to determine the top days to list your home for sale. The top five days to list your home brought in a … Continued

Tips For Using Curb Appeal To Sell Your House In Bloomfield HIlls

Curb appeal is everything that makes a home look good from the curb – well-tended lawn, complementary landscaping, freshly painted trim, lack of exterior clutter, appealing entry area, fencing in tip-top shape, and more. Curb appeal is what creates that all-important great first impression. Without it, potential buyers may not even tour the inside if your house. … Continued

A Lack of Inventory Continues to Impact the Housing Market

A Lack of Inventory Continues to Impact the Housing Market The housing crisis is finally in the rear-view mirror as the real estate market moves down the road to a complete recovery. Home values are up and distressed sales (foreclosures and short sales) have fallen to their lowest point in years. The market will continue … Continued

The Pros And Cons of Dual Agency In Bloomfield HIlls

Dual agency is an option in some states that sellers and buyers can enter into with their real estate agent(s). While this can streamline transactions, you absolutely must be aware of everything it entails, especially because one party can wind up getting the short end of the stick. So here are the pros and cons of … Continued

A Tale of Two Markets

A Tale of Two Markets [INFOGRAPHIC] Some Highlights: An emerging trend for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices! Inventory continues to rise in the luxury and premium … Continued

Mainstream Concerns about an Economic Slowdown Revisited

Mainstream Concerns about an Economic Slowdown Revisited Recently, we reported that many believe a recession could happen within the next two years. We explained that 70% of economists and market analysts surveyed last year believe that a recession will occur in 2019 or 2020 and that 42% of consumers currently looking to purchase a home … Continued